Zumper
modified
2 Hours Ago

Highlights

  • Pet Friendly
  • Large kitchen
  • Spacious living environment
  • Convenient on-street parking

Location

509 West Franklin Street, Elkhart, Indiana 46516, United States|West Central
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Contact

Management

MBSR Rentals LLC

Leasing office

(574) 383-5069

Property Overview

The ratings for 509 West Franklin St. reflect its appeal as a desirable rental option, with an expert rating of 8.6, a price rating of 10, and impressive scores for amenities (9) and location (9). The property features a large kitchen and spacious living environment, complemented by convenient on-street parking. Its vicinity supports a vibrant social life, environmental sustainability, and pet friendliness, with many restaurants and parks nearby, alongside accessible public transport.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.6
Very Good
With a solid 8.6 out of 10 overall, 509 West Franklin St. is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 509 West Franklin St. has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Outdoor space
  • Pet friendly

Great for

  • Social life
  • Eco living
  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath720 sqft$800 /mo1 unit availableApply now: https screen boompay app a N2idGoF6A7rhmz77wlCe **This is a tenant occupied unit, pictures will be given privately after there is an approved application. showings are still able to be done as tenant has approved this. Please note tenant is looking to move out asap ** Welcome to our spacious 1 bedroom, 1 bathroom apartment located in Elkhart, IN. This upstairs unit offers a private entry for added convenience and on street parking for easy access. Enjoy the large shared yard perfect for outdoor activities or simply relaxing in the fresh air. The unit itself is roomy and comfortable, providing ample space for all your needs. Don't miss out on this fantastic opportunity to make this apartment your new home. Apply Today! Lease Terms - 1 Year Tenants will have the option to provide their own insurance policy BEFORE signing or purchase a provided policy through your resident portal. Failure to provide policy will result in Tenant being added to landlord policy with no belonging coverage. This is NOT optional. Deposit is to be placed within 24 hours after viewing the unit to hold it. If you change your mind, this is NON-REFUNDABLE. Requirements** No evictions in the last 4 years Evictions over 4 years old cannot have a balance over $600.00 No collections with utility companies or management companies No rental history? No problem, At this point your deposit will vary based on credit score If you will have a pet ( cat or dog ) you are required to purchase renters insurance through your tenant portal

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Amenities for 509 West Franklin St.

Apartment Amenities

Private EntrySpacious Unit
Tenant Pays Electric

Appliances

FridgeOven
RangeRefrigerator
Stove/Oven

Building

Cats OKDogs OK

Grounds

Large Shared YardOn Street Parking
Outdoor Space
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units3
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About 509 West Franklin St.

HomeApartments in ElkhartWest Central 509 West Franklin St.

Apply now: https screen boompay app a N2idGoF6A7rhmz77wlCe **This is a tenant occupied unit, pictures will be given privately after there is an approved application. showings are still able to be done as tenant has approved this. Please note tenant is looking to move out asap ** Welcome to our spacious 1 bedroom, 1 bathroom apartment located in Elkhart, IN. This upstairs unit offers a private entry for added convenience and on street parking for easy access. Enjoy the large shared yard perfect for outdoor activities or simply relaxing in the fresh air. The unit itself is roomy and comfortable, providing ample space for all your needs. Don't miss out on this fantastic opportunity to make this apartment your new home. Apply Today! Lease Terms - 1 Year Tenants will have the option to provide their own insurance policy BEFORE signing or purchase a provided policy through your resident portal. Failure to provide policy will result in Tenant being added to landlord policy with no belonging coverage. This is NOT optional. Deposit is to be placed within 24 hours after viewing the unit to hold it. If you change your mind, this is NON-REFUNDABLE. Requirements** No evictions in the last 4 years Evictions over 4 years old cannot have a balance over $600.00 No collections with utility companies or management companies No rental history? No problem, At this point your deposit will vary based on credit score If you will have a pet ( cat or dog ) you are required to purchase renters insurance through your tenant portal


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, 509 West Franklin St. is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 509 West Franklin St. has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 509 West Franklin St.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
509 West Franklin St. offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
509 West Franklin St. goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 509 West Franklin St. receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
509 West Franklin St. is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 509 West Franklin St. does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

509 West Franklin St. is great for:

Social life

  • Areas nearby are accessible by walking
  • The area has transit options
  • 53 restaurants within 1 mile of this property
  • Diverse age groups live in this area

Eco living

  • Public transit available nearby
  • You can get around by foot in this area
  • On-site recycling or composting options
  • 15 parks within a mile

Pet owners

  • Outdoor spaces are available at this property
  • 2 pet supply stores near the property

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 509 West Franklin St. compares to other nearby properties.

Positives

Outdoor space
Easy access to the outdoors
Pet friendly
This property allows pets

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Greater distance from high schools
The nearest high school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in West Central

1-bedroom apartments at 509 West Franklin St. cost about 7% more than the average rent price for 1-bedroom apartments in West Central.

Median rents as of Dec 13 2025.
West Central
Elkhart
A table of 1-bedroom apartment rental data trends in Elkhart
MonthMedian Rent
December 2023$700
January 2024$700
February 2024$725
March 2024$781
April 2024$825
May 2024$829
June 2024$795
July 2024$800
August 2024$781
September 2024$822
October 2024$834
November 2024$812
December 2024$815
January 2025$850
February 2025$837
March 2025$822
April 2025$800
May 2025$854
June 2025$840
July 2025$790
August 2025$778
September 2025$774
October 2025$790
November 2025$800
December 2025$800
A table of 1-bedroom apartment rental data trends in West Central
MonthMedian Rent
December 2023$650
January 2024$650
February 2024$675
March 2024$740
April 2024$675
May 2024$700
June 2024$660
July 2024$600
October 2024$595
November 2024$605
December 2024$611
January 2025$660
February 2025$675
August 2025$663
September 2025$687
October 2025$766
November 2025$795
December 2025$750

Affordability calculator

Can I afford to live at 509 West Franklin Street?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$32,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 1-bedroom monthly rent price of $800.
For more information on rent affordability, visit our rent calculator.

Schools near 509 West Franklin St.

Mary Beck Elementary School

818 mcdonald st

elkhart, IN, 46516

PK, K-6Public
C-
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Internet available near 509 West Franklin St.

Neighborhood

West Central | Elkhart, IN

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Elkhart near 509 West Franklin Street

Walking

5/10
Some shops and stores are within a few minutes.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 509 West Franklin Street, Elkhart

Groceries

5/10
At least one grocery store within a 30-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 30-minute walk

High schools

1/10
No high schools within a 30-minute walk

Nightlife

3/10
Few or no bars within walking distance

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